The spiked $39 billion merger of AT&T and T-Mobile USA, the largest corporate acquisition announced this year, is shaking up the “league tables,” or the ranking of banks by the value of deals on which they worked.

Without credit for the AT&T/T-Mobile deal, J.P. Morgan drops out of the top spot in the U.S. league tables, just behind new No. 1 Goldman Sachs, according to Thomson Reuters and Dealogic. Morgan Stanley now is No. 3.

J.P. Morgan and Morgan Stanley were among the seven banks given credit — and in line for $150 million in fees — for working on the AT&T/T-Mobile deal. The others are Greenhill & Co., Evercore Partners, Deutsche Bank, Credit Suisse and Citigroup.

With the AT&T deal wiped away, Citigroup slides one spot in the U.S. league tables, from fourth to fifth, according to Thomson Reuters figures. The biggest loser is Greenhill. The investment bank falls from No. 13 in the 2011 league tables to No. 35, behind un-notable names such as Foros.

Couldn't agree with you more Jane, I'm a T-mobile employee myself and were just as glad that this thing fell through to the benefit to all us employees who work for these two huge corporations. We used to have a system like that and I know exactly what you mean, we called it VOC which is short for Voice of the customer, we would get disciplined for the same reasons you explain above until T-Mobile decided to get rid of it all together about a year and a half ago. Under it if our VOC scores fell under 80-85% (can't remember the exact figure it's been so long) our commission checks could be cut in half due to a simple customer error on the comment cards, we were supposed to get at least one a month and if we were unlucky with a customer like you said above our income would be greatly affected too. I think the danger was also to ATT employee's as well as us, unfortunate as it is, its pretty obvious neither DT or ATT really care about the people who who the real day to day operations of the business.

9:08 pm December 19, 2011

Jane wrote :

I am an ATT employee and could not be happier that this purchase of T-Mobile fell through. ATT was looking to get rid of around 20,000 employees but they would never admit it to us. The government is not blind. They could see a lot of people were going to lose thier jobs. The company was once a great place to work but now has changed for the worst. I have seen employee after employee get walked out of the door for some of the most minor infractions. They have a survey system with employees in which the employees are set up to fail and the company knows this but does not care. Lets say I help a customer and they get a phone for their 12 year old son. The phone that was upgraded gets a survey and I get graded from 1-10. Well lets say the kid gives me a 1 but says in the comments that I was great. I still get a bad survey even though the company clearly sees that the customer meant to hit a 10.
I can receive discipline from my boss because of someone's simple mistake. I worked with a guy who received 80 surveys and received 70 perfect scores. He was written up this month because of a few "1" survey but with no negative comments. This is a billion dollar company who can care less who thet run over.
I think ATT realzes that their network sucks and they needed to desparately get T-mobile so they can fix their horriblr service. The only thing that has held ATT up for so long is the Iphone. they owe Apple everthing. Verizon still has the best network.

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